List of Mutual Funds Under Groww AMC

ByEdward Bell

An AMC (Asset Management Company) plays a very important role in the modern day’s investment spectrum. Don’t you think so? While we speak of the importance of AMCs, you need to know one of the famous AMCs out there with a long list of funds to cater to investors. We are talking about Groww Mutual Fund! But, before we get started with this, let’s understand the basics first.

What is an Asset Management Company?

Don’t you want to know what an asset management company is first? Let us first understand what is an asset management company.

An Asset Management Company (AMC) is a firm that invests funds pooled from individual investors into various securities with the goal of achieving optimal returns for its investors in exchange for a fee. AMCs ensure portfolio diversity by investing in both high-risk and low-risk securities, including stocks, debt instruments, real estate, shares, bonds, and pension funds.

Before selecting any security, AMCs consider factors such as industry risk, market risk, return risk, and political risk to meet their return on investment targets. For example, a debt fund invests in bonds and risk-free government securities to maintain minimal risk.

Conversely, an equity-oriented fund focuses on shares and stocks, which are associated with higher risk and higher potential returns.

Now, let us move forward with Groww MF.

What is Groww AMC?

Groww Mutual Fund, with an Assets Under Management (AUM) of Rs 869 crores, offers 20 schemes across various categories. These include eight equity funds, nine debt funds, and two hybrid mutual funds.

Let us discuss the funds in Groww a little more as we go on.

Also Read: Tax Planning Strategies For Freelancers And Independent Contractors

Types of Mutual Funds Offered by Groww

There are different categories of funds that Groww provides investors with, and they are:

1. Debt Funds

Under Debt Funds, Groww provides:

Low duration, medium duration, dynamic bond, gilt, credit risk, liquid and ultra shorts.

2. Hybrid Funds

Under Hybrid funds, Groww provides:

Aggressive, conservative, and arbitrage funds.

3. Equity Funds

Under equity funds, Groww provides:

Multi-cap, large-cap, mid-cap, small-cap, ELSS, Dividend yield, Sector, Contra and value funds.

List of Mutual Funds Under Groww AMC

Here are the names of the Groww mutual fund given to you below:

Debt Funds

  1. Groww Liquid Fund
  2. Groww Ultra Short Duration Fund
  3. Groww Short Duration Fund
  4. Groww Medium Duration Fund
  5. Groww Corporate Bond Fund
  6. Groww Banking & PSU Fund
  7. Groww Gilt Fund
  8. Groww Credit Risk Fund
  9. Groww Dynamic Bond Fund

Equity Funds

  1. Groww Large Cap Fund
  2. Groww Mid Cap Fund
  3. Groww Small Cap Fund
  4. Groww Multi Cap Fund
  5. Groww Focused Equity Fund
  6. Groww ELSS (Equity-Linked Savings Scheme)
  7. Groww Sectoral/Thematic Fund
  8. Groww International Equity Fund

Hybrid Funds

  1. Groww Balanced Advantage Fund
  2. Groww Aggressive Hybrid Fund

Also Read: How to Stay Updated with Share Market Trends

Benefits of Investing in Mutual Funds through Groww

There are several perks to investing in funds through Groww, and they are given to you right here:

  • It is a User-Friendly Platform: One thing is for sure, Groww offers a user-friendly portal and app for its users. Investors do not have to be tech-savvy or know everything about gadgets to start their mutual fund investment journey through this platform.
  • There are a Lot of Options: As mentioned above, there is a broad range of funds you can choose to invest in through Groww. Groww has also begun to kick-start other investment assets, such as digital gold and more, to encourage more diversification and investment options.
  • They Offer a Paperless Process: It is a paperless process; all you need to do is register online, complete KYC online, and all your logins will be accessible online effortlessly.
  • You Get to Invest in Two Methods: You get to invest in the SIP method, and the lump sum amount. Groww gives you two methods of kick-starting your mutual fund investment.
  • You Can Avail Real Time Tracking Systems: You can track in real time different fund’s performances, and market effects into the portfolio’s of your investments.
  • You Can Access Insights at Any Time: You can also seek Groww’s section for insights on your investments and other investment assets.
  • You Can Find Educational Resources: You can also find educational resources online through their app and portal, where you can learn more about mutual fund investments.
  • They Offer a Customer Support Service: Customer support services are another added perk with Groww Mutual Fund. You can call their customer support number, access their customer support chat and much more for queries and to resolve any struggles you are facing on the platform.

Before you start your investment with Groww, make sure that you go through all the terms and conditions of the investment.

Conclusion

Now that you know everything about Groww Mutual Fund, you have your base research ready in hand. All you have to do after this is check customer reviews and feedback to get started with your mutual fund investing journey.

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